NYSE:TECKTeck Resources Stock Price, Forecast & News

$10.29

+0.62 (+6.41 %)

(As of 06/2/2020 04:00 PM ET)

Add

Compare

Today's Range

$9.72

Now: $10.29▼

$10.40

50-Day Range

$7.05

MA: $8.58▼

$9.83

52-Week Range

$5.60

Now: $10.29▼

$23.30

Volume5.68 million shs

Average Volume5.64 million shs

Market Capitalization$5.38 billion

P/E RatioN/A

Dividend Yield1.55%

Beta1.52

Teck Resources Limited researches, explores for, develops, and produces natural resources in the Asia Pacific, the Americas, and Europe. It operates through five segments: Steelmaking, Coal, Copper, Zinc, Energy, and Corporate. The company's principal products include steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; energy products, such as bitumen; and lead concentrates. It also produces molybdenum, gold, silver, germanium, indium, mercury, and cadmium, as well as chemicals, industrial products, and fertilizers. In addition, the company holds interest in oil sands projects and other interests in the Athabasca region of Alberta; and owns interest in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1906 and is headquartered in Vancouver, Canada.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Teck Resources has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 9 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.79, Teck Resources has a potential upside of 92.3% from its current price of $10.29.
Amount of Analyst Coverage
Teck Resources has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Teck Resources has received 689 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Teck Resources has received 756 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Teck Resources has received 52.32% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Teck Resources and other stocks. Vote “Outperform” if you believe TECK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TECK will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Teck Resources is a leading dividend payer. It pays a dividend yield of 1.55%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Teck Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Teck Resources is 6.76 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Teck Resources will have a dividend payout ratio of 9.80 % next year. This indicates that Teck Resources will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Teck Resources insiders have not sold or bought any company stock.
Percentage Held by Institutions
44.77% of the stock of Teck Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Teck Resources are expected to grow by 150.82% in the coming year, from $0.61 to $1.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Teck Resources is -11.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Teck Resources is -11.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Teck Resources has a PEG Ratio of 6.12. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Teck Resources has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.71 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Mining & quarrying of nonmetallic minerals, except fuels

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:TECK

Previous Symbol

CUSIPN/A

CIK886986

Webwww.teck.com

Phone604-699-4000

Debt

Debt-to-Equity Ratio0.23

Current Ratio1.35

Quick Ratio0.63

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio16.87

P/E Growth6.12

Sales & Book Value

Annual Sales$8.99 billion

Price / Sales0.60

Cash Flow$4.90 per share

Price / Cash Flow2.10

Book Value$30.40 per share

Price / Book0.34

Profitability

EPS (Most Recent Fiscal Year)$2.22

Net Income$-455,930,000.00

Net Margins-5.40%

Return on Equity5.14%

Return on Assets2.94%

Miscellaneous

Employees10,100

Outstanding Shares523,252,000

Market Cap$5.38 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

Receive TECK News and Ratings via Email

Sign-up to receive the latest news and ratings for TECK and its competitors with MarketBeat's FREE daily newsletter.

Teck Resources (NYSE:TECK) Frequently Asked Questions

How has Teck Resources' stock been impacted by COVID-19 (Coronavirus)?

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TECK stock has increased by 25.5% and is now trading at $10.29. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Teck Resources?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Teck Resources.

When is Teck Resources' next earnings date?

Teck Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Teck Resources.

How were Teck Resources' earnings last quarter?

Teck Resources Ltd (NYSE:TECK) released its earnings results on Tuesday, April, 21st. The basic materials company reported $0.17 EPS for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.02. The basic materials company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.72 billion. Teck Resources had a negative net margin of 5.40% and a positive return on equity of 5.14%. During the same quarter in the previous year, the business earned $0.99 EPS. View Teck Resources' earnings history.

How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources?

Teck Resources declared a quarterly dividend on Monday, April 20th. Investors of record on Monday, June 15th will be paid a dividend of $0.036 per share on Tuesday, June 30th. This represents a $0.14 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Friday, June 12th. View Teck Resources' dividend history.

What price target have analysts set for TECK?

14 Wall Street analysts have issued 12 month target prices for Teck Resources' shares. Their forecasts range from $8.50 to $35.00. On average, they anticipate Teck Resources' share price to reach $19.79 in the next twelve months. This suggests a possible upside of 92.3% from the stock's current price. View analysts' price targets for Teck Resources.

Has Teck Resources been receiving favorable news coverage?

Media headlines about TECK stock have been trending somewhat negative on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Teck Resources earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutTeck Resources.

Are investors shorting Teck Resources?

Teck Resources saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 12,540,000 shares, an increase of 61.0% from the April 30th total of 7,790,000 shares. Based on an average trading volume of 6,210,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.4% of the shares of the company are short sold. View Teck Resources' Current Options Chain.

Who are some of Teck Resources' key competitors?

Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Quimica y Minera de Chile (SQM), Mdu Resources Group (MDU), Hecla Mining (HL), Summit Materials (SUM), Compass Minerals International (CMP), LYNAS CORP LTD/S (LYSDY), United States Lime & Minerals (USLM), GalianoGoldInc . (GAU), U.S. Silica (SLCA), Ciner Resources (CINR), Intrepid Potash (IPI), Piedmont Lithium (PLL) and Smart Sand (SND). View all competitors.

What other stocks do shareholders of Teck Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN) and Zynga (ZNGA).

Who are Teck Resources' key executives?

Teck Resources' management team includes the following people:

Mr. Donald R. Lindsay B.Sc. Honours, M.B.A, Pres, CEO & Director (Age 60)
Mr. Ronald A. Millos CA, Sr. VP of Fin. & CFO (Age 62)
Mr. Peter C. Rozee, Sr. VP of Commercial & Legal Affairs
Mr. Andrew J. Golding, Sr. VP of Corp. Devel.
Ms. Marcia M. Smith, Sr. VP of Sustainability & External Affairs

What is Teck Resources' stock symbol?

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Who are Teck Resources' major shareholders?

Teck Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (3.56%), Contrarius Investment Management Ltd (1.84%), Janus Henderson Group PLC (1.34%), CIBC Asset Management Inc (0.88%), CIBC World Markets Inc. (0.79%) and Morgan Stanley (0.71%).

Which major investors are selling Teck Resources stock?

TECK stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Van ECK Associates Corp, Hexavest Inc., BlackRock Inc., CIBC Asset Management Inc, Massachusetts Financial Services Co. MA, Toronto Dominion Bank, and JPMorgan Chase & Co..

Which major investors are buying Teck Resources stock?

TECK stock was acquired by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, Canada Pension Plan Investment Board, Janus Henderson Group PLC, Scheer Rowlett & Associates Investment Management Ltd., The Manufacturers Life Insurance Company , Two Sigma Advisers LP, 1832 Asset Management L.P., and 1832 Asset Management L.P..

How do I buy shares of Teck Resources?

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Teck Resources' stock price today?

One share of TECK stock can currently be purchased for approximately $10.29.

How big of a company is Teck Resources?

Teck Resources has a market capitalization of $5.38 billion and generates $8.99 billion in revenue each year. The basic materials company earns $-455,930,000.00 in net income (profit) each year or $2.22 on an earnings per share basis. Teck Resources employs 10,100 workers across the globe.

What is Teck Resources' official website?

The official website for Teck Resources is www.teck.com.

How can I contact Teck Resources?

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff